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Director's Dealing

7th Jul 2011 16:50

RNS Number : 0100K
DDD Group PLC
07 July 2011
 



7 July 2011

 

DDD GROUP PLC

 

Director's Dealing

 

DDD Group plc (AIM: DDD, the "Company"), the 3D solutions company, announces that on 5 July 2011 Mr. Christopher Yewdall, CEO and Executive Director of the Company, exercised options over 325,325 ordinary shares of 1p each in the Company (the "Ordinary Shares") at an exercise price of 13p per share (together the "Option Exercise"). Under the rules of the unapproved scheme, Mr. Yewdall is subject to U.S. personal income taxation on the Option Exercise.

 

In order to meet the costs and taxation charge associated with the Option Exercise, Mr. Yewdall sold 125,325 of the Ordinary Shares relating to the Option Exercise on 6 July 2011 at 28p per Ordinary Share. Following the Option Exercise and subsequent sale of 125,325 Ordinary Shares, Mr. Yewdall's interest in the Company stands at 2,281,808 Ordinary Shares or approximately 1.7% of the issued ordinary share capital and total voting rights in the Company.

 

Mr. Yewdall's shares are part of the block admission that was announced on 5 May 2011 and admitted to AIM on 11 May 2011.

 

For the purposes of Disclosure and Transparency Rules, following the Option Exercise the Company's total issued and admitted share capital is 134,668,812 Ordinary Shares. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company will therefore be 134,668,812.

 

The above figure of 134,668,812 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

 

 

Enquiries

 

DDD Group

Chris Yewdall, President & CEO

Victoria Stull, Chief Financial Officer

+1 310 566 3340

Canaccord Genuity

Simon Bridges

0207 050 6500

College Hill

Kay Larsen / Adrian Duffield

0207 457 2020

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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